Are Airdrops Profitable?

[bechay20]

Airdrops are useful and also profitable. Since this is given for some random persons here at our industry. It is profitable because we can use it with our good hands by deciding what to do, hold, trade and anything you want.

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[CafeHoaiNiem]

Be patient. Try to join many different airdrops. You will earn more than you think.

[thanhhung91]

Hi everyone. I've tried participating in a couple of airdrops but haven't gotten any coins yet. For those of you who have, how do you go about making anything out of airdrops? Is it worthwhile or just the usual pump and dump?

You will find both the usual pump and dump coins which are worthless after they try to reach the market, and these who has an excellent team behind and make the dream real.
Check DeepOnion, seems to have the best Airdrops around.

[squallw]

Some airdrops have no value but some can be profitable.
Some months ago i joined almost 100 airdrops, only 3 of them has a value over $100 each now.

If you have time to join, maybe profitable. You must know, new coins at the begnning almost of them have no value, no exchange way and some airdrops are scam.
Be carefull.

[Tomaltcoin]

Airdrops are profitable if you manage to pick the good one’s out.

[chipr]

Some aidrops can be profitable... while others are not. You may get a few tokens to a few thousand tokens but again, in the end, are they worth anything or have value?

I would say if you are speaking of totally free airdrops, the main types I have seen and participated in have requirements of either of these following:

1) On Twitter, and elsewhere, where there is already an ad or simply a post about an airdrop and you may only need to share or Retweet the post, like it, and follow the person or company who posted the airdrop announcement. There will be a drawing for the token give away where 1 person or 10 people, even 500 people, may be picked randomly to receive anywhere between 20 to 500 or 1000 tokens each (and it can be even higher). That's it winner's will be randomly selected among those who followed directions to qualify.

2) On Twitter, FB, other crypto related social media sites there will be a less enticing ad but for Free Airbot giveaway which will link to a Telegram channel. You sign up or if already a Telegram member just sign into the channel to join the group which will just be you and a robot that is the airbot airdrop where you simply can claim points every few hours or once a day. You will be required also to join another Telegram channel where there will be moderators to answer questions as there is usually not much information about the token/coin or company in the initial post announcing the airdrop. It may require many points to equal one token and you interact with the airbot only to click and earn, enter wallet address, and click for a referral link to get other people to join, giving you extra points as well. The ones I have done this way were very low yeilding; you would have to refer a whole lot of people if you work in a group may be good.

3) Some combination of verifying more requirements with the random drawing or limited number of respondents giveaways typically on Twitter, but also posted on sites like Medium, Reddit, where you are sent to a Google Docs form to fill in your username on required sites, like FB, Twitter, You Tube, your address ID where (normally ETH to accept alt coins), along with Retweet/sharing the post. Some will have stricter requirements such as having a minimum 100-300 followers on certain social media sites or offer less tokens to those with less followers.

With all three types of procedures to qualify for airdrops mentioned above, and with ICOs, you should proceed with caution, research the coin/token, company website, whitepaper, roadmap or plan, which if these don't exist is a sign of possible fraud. Sometimes you'll be wasting your time, sometimes they can be quite profitable.

WARNING: If it is NOT an ICO, then you ought not to send any payment. Many of the Google Doc forms will have a place to check that you are also 'donating' what they request such as .005 or .05 Bitcoin or Ethereum and you will get double the amount. There will be a space for you to enter the transaction of the funds you sent and the amount. I would stay away from these both on Google Doc forms and also occasionally in the airbot drops via Telegram. It is optional to submit funds, and if it is a scam and there are many now, you will not ever get you crypto back and if you receive tokens and the company is gone you've only received digital transaction ids and the tokens, usually not yet listed, are worthless.

Just keep those points in mind and have fun. Always do your own research when deciding to participate.

[chipr]

well they are free. Most never go on an exchange so are worthless but the odd one does and than you can make small money. The best airdrop of all is Deep Onion if you can earn over 100 onions by using there forum you will be paid weekly.

Deep Onion does have a profitable airdrop because that is how it was set up is to distribute by airdrop over a long period of time, almost 3/4 of a year and there are a few left. If, however, you decide to come just for free coins you may be disappointed as you need to earn them as part of the community at Deep Onion. I am a member and they have a very supportive community site with many discussion and activity forums.

Truthfully once you get started, like the member who have been there form many months, there is potential to regularly receive a part of the airdrop but it is distributed unevenly based part on how many onions you already hold and how long you have held them. You also have to be a member for a minimum period of time, and also on this site a Bitcointalk member with at least a Jr Member status to participate in all airdrops. The requirements are to discourage people from just joining up for airdrops which we experienced in the past only to sell the onion right away on the exchange. So you have to have the minimum onion always in your wallet to encourage members to hodl onion and not dump them.

You are rewarded for being a member with said requirements but also to participate by adding to the community as a whole to develop DeepOnion to a high standard and further the coin and project to gain a good status as a lasting privacy coin with anonymity and secure TOR transactions as a currency and not a utility token. So for example you can earn onion from writing detailed and accurate articles about DeepOnion or a tutorial. Another way to gain participation to the airdrop more quickly is to purchase the minimum onions that are required for the airdrops.

[monika27]

Most airdrops will not be worth anything, but if you still want to claim free coins and tokens you should check out Airdroptator. It's a new site, but it works well for claiming airdrops more easily.

[Figuran-]

You just need to spend a lot of time going through and signing up for all the scams and fail projects. I would say 1 in 5 end up sending tokens. Out of that 1 in 10 last longer than a couple months. After a while you can see the scams from a Mile away. I even recognize devs now who I know suck.

[Fakayode1]

Eltcoin airdrop was profitable developed told the participants to keep it and will be rewarded another token they will create if do not sell the one they gave to us the strategy paid off and gave value to the coin but sold when it pumped.

[chiggx]

they are profitable if you pick the right coin. you need a coin that has real promise, has a proper use case and a supportive community. in other words, i am describing deep onion, it is an anonymous coin that is airdropped every week if you meet the requirements. check it out!

[loloy]

Airdrops in any way isn't profitable because most of them are scams and there are so many people are telling and they are proven by me.
I started to join Airdrops since last year and got free tokens and coins after signing up the requirements but the issues are they are giving shit tokens and most of them aren't hitting cryptocurrency exchange sites and now still my wallets has filled up by shit coins since last year.
That's why I stopped joining Airdrops because it never gives me hope that coins and tokens that I received will have a value someday. Or maybe it needs more time, a decade of waiting for them to have a value.

[samuuuuu]

Join our airdrop telegram, we post all the newest legit airdrops, and we posted a list of all the active airdrops today. Be sure to check it out , https://t.me/AirdropUnit

[loloy]

they are profitable if you pick the right coin. you need a coin that has real promise, has a proper use case and a supportive community. in other words, i am describing deep onion, it is an anonymous coin that is airdropped every week if you meet the requirements. check it out!

Picking a right airdrop coin is difficult hence if you need to get more tokens and coins as you want then you will join any available token and coin airdrops.
But the real problem is your wallet will filled up by shit coins and you can do nothing about it because they're just sitting around for a long time with no value at all.
It seems they're only after with some participant's details and other information.

[loloy]

Be patient. Try to join many different airdrops. You will earn more than you think.

Yes, I believe that joining all Aridrops available will give you a chance to get some tokens and coins with value in the future but many are proving that it's not clever to join airdrops due to you'll get handful of tokens and coins and don't even give you good earnings in the future.
For me, I better join Telegram or any social media campaigns and wait time for tokens and coins distribution and that way you'll get good bounty stakes tokens or coins and you'll surely earn money in the next few months.

[MWesterweele]

Be patient. Try to join many different airdrops. You will earn more than you think.

Maybe, because before I experience an airdrop that I get have no value, so for me its depend to your get airdrop. But i also experience a airdrop that profitable I get it for free and i do nothing, so i tell to my self to nit depend to it, its better if I have other source of earning than waitng for airdrop.

[grever]

I prefer bounty!

[Adam_Smith]

Not all, but I can say that profitable. It all depends on the project, on the work of developers and many many factors. It's possible once you get a reward, it will cost less than a cent, but in time will make you a millionaire.

[Ba37]

I am getting into airdrops and bounties recently. It is not beneficial as of now, but even if 1 out of 10 projects follow roadmap and succeed it will be worth the time and effort.
Bounties are another good way to earn free coins. I don't have much fiat to invest upfront in coins, so I chose this approach to get familiar with cryptos. Let's see where it goes. Participating in airdrops, reading white papers, following devs and code in Github - I personally learned a lot about how things work in cryptos. Good luck!

[ujjwalsethi]

Yes some of the airdrops provide a huge amount on the start. It all depends on the market value of the coin and most importantly on how powerful the project is and some of coins given in the airdrop rise slowly but still provides profit at some stage.